Is New Market, TN a good place to invest in rental property?

New Market, TN has a median modeled monthly cash flow of $-1,406 and a median cap rate of 2.0%, on a median sold price of $300,000. Prices changed +0.8% year over year.

What is the average cap rate in New Market, TN?

The median cap rate across recently sold homes in New Market, TN is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Market, TN?

The median sold price in New Market, TN is $300,000 (about $182 per square foot).

Investing in New Market, TN Real Estate

A data-driven snapshot of the New Market, TN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$300,000Median sold price

$182Median $/sqft

2.0%Median cap rate

$-1,406Modeled cash flow / mo

+0.8%Appreciation YoY

6.8Months of supply

79Active listings

139Sold (last 12 mo)

What the New Market numbers say

In New Market, TN, the median home sold for $300,000 (about $182 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,406 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 6.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See New Market cash-flowing listings

CashFlowRE ranks every for-sale home in New Market, TN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Market deals, or browse the national market data.